Outdoor co-op REI, high-end outdoor apparel/gear brand Arc’teryx, fashion brand Amour Vert, running supplier On and luxury brand Philip Lim stood out in the first recommerce leaders index compiled by Trove, as the growing category has added an estimated 100 programs in the past year.
Retailers lowered the bar for Christmas season fulfillment, then easily cleared it, according to Kurt Salmon. Ninety-three percent of retailers tracked were able to process and deliver customer orders by the last guaranteed delivery date. But 33% of them ditched their last order promise date as Christmas approached.
To avoid uncertainty and lessen the risk of disappointing customers, 30% of retailers opted not to provide a guaranteed shipping date for orders to arrive before Christmas 2017, according to a study conducted by Kurt Salmon, a unit of Accenture.
Coach Inc., a high-end accessories and lifestyle brand announced it will be changing its name to Tapestry, Inc. The change will go into effect on Oct. 31. See what CEO Victor Luis had to say about what drove the brand to make the name change.
Coach announced it will acquire its rival Kate Spade for $2.4 billion. Here is what executives from both brands had to say about the acquisition.
Even though struggling Coach Inc.’s sales rose 13% in the third quarter, the accessories merchant announced Tuesday that it will bag more than 300 positions worldwide, representing about a 10% decrease in its global corporate staff. That includes these two top-ranking company officials.
A listing of recently announced expansions, additions and closures in retail distribution and fulfillment centers.
While Coach is seeing success internationally, domestic sales are seeing a decline. See what else is changing about the luxury accessories brand.
Coach announced it is acquiring luxury footwear brand Stuart Weitzman through a private equity firm Sycamore Partners. See what this will mean for both brands.
Coach utilized MicroStrategy Mobile that provides its retail teams with the ability to examine sales trends for any given geography, including at the individual store level, with a simple swipe or tap on their iPad devices.